Kia (KIMTF) Change In Inventory : $-1,149 Mil (TTM As of Mar. 2024)

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What is Kia Change In Inventory?

Kia's change in inventory for the quarter that ended in Mar. 2024 was $-283 Mil. It means Kia's inventory increased by $283 Mil from Dec. 2023 to Mar. 2024 .

Kia's change in inventory for the fiscal year that ended in Dec. 2023 was $-1,925 Mil. It means Kia's inventory increased by $1,925 Mil from Dec. 2022 to Dec. 2023 .

Kia's Total Inventories for the quarter that ended in Mar. 2024 was $8,694 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kia's Days Inventory for the quarter that ended in Mar. 2024 was 52.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kia's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.73.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Kia's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.

Kia Change In Inventory Historical Data

The historical data trend for Kia's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kia Change In Inventory Chart

Kia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-886.81

769.65

-121.08

-1,697.56

-1,924.78

Kia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-1,062.21	-140.37	180.55	-906.33	-282.50

Kia Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,149 Mil.

Kia (OTCPK:KIMTF) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Kia's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	8668.112	/	15001.213	*	365 / 4
	=	52.73

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Kia's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15001.213	/	8668.112
	=	1.73

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Kia's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8668.112	/	19684.117
	=	0.44

Kia Change In Inventory Related Terms

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Kia (KIMTF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kia Corp (OTCPK:KIMTF) » Definitions » Change In Inventory

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000270:Korea

Address

12 Heolleung-ro, Seocho-gu, Seoul, KOR, 06797

Website

https://www.kia.com

Kia Corp is a Korean motor-vehicle manufacturer. While the company has factories in several countries, the majority of vehicles are manufactured domestically. The company's consolidated revenue is principally derived from the manufacture of passenger vehicles, with another third from recreational vehicles, and a small footprint in commercial vehicles. The three largest individual countries together constitute more than half of total retail sales, with the United States contributing the largest portion, followed closely by China and then Korea.